OVERVIEW
The conference Interafricaine des Marchés d’Assurance (CIMA) is the insurance sector regulator for fourteen (14) African countries all of which are francophone but Guinea-Bissau. Its ambition is to create a wider and healthier insurance market, as a first step towards the establishment of a single insurance market. To achieve this goal, it relies upon a single set of laws and a single oversight authority to which all of the fourteen (14) Member States have transferred nearly all of their powers.